June S&P E-mini Futures: Today's day session range estimate is 1368-1378. The rally from the March 6 low should continue to 1415 with normal interruptions along the way.
QQQ: Next upside target is 66.25. .
TNX (ten year note yield): The 10 year yield has started a move to 2.50%.
Euro-US Dollar: The euro has bounced twice off of 1.3485, just shy of my 1.3540 target. My best guess is that the rally from 1.2623 is nearly over.
Dollar-Yen: I think the market is headed for 85.00 and eventually will move to 90.00. This is a good sign for worldwide equity markets because it means that the Japanese central bank is trying to raise the growth rate of Japanese nominal national income and will probably succeed.
April Crude: An extended upswing is underway. It will probably take crude to 114 or so.
GLD – April Gold: Gold should find support near 1680. A move to 2100 is underway.
SLV - May Silver: I think silver is headed for 50.00. The 32.50 level is support.
Google: Google is now headed for its 2007 top near 750.
Apple: AAPL is headed for its next upside target at 575. Support is at 520.
